Nio Xpeng

While xpeng is a direct rival to upscale ev maker nio the two companies agreed to a deal in december that will allow xpeng owners to recharge at nio s high speed charging stations throughout.

Nio xpeng. The adss which hit a high of 13 80 in their third session have not found much buoyancy since then. 14 almost equivalent to that of xpeng and li auto combined update. Nio the most high profile and best financed of the three had a market cap of 29 billion as of oct. Nio is on track to profitability had monthly sales rise over 100 received a pt upgrade from deutsche bank to 24 only yesterday and has actually outperformed tesla 2 1 over the last 3 months.

Xpeng and nio are tesla like chinese startups competing with more established. These figures are slightly out of date nio s stock jumped 22 57 in trading wednesday following publication of a favorable report from j. Chinese electric vehicle manufacturers nio inc. The former is the first and sole domestic ev making force listed in new york with a 1 billion ipo in september 2018.

The p7 has a maximum range of 706 kms per charge and is priced at 254 900 yuan. Some other breakout attempts fizzled including netflix nflx and tractor supply tsco. The latter announced a 500 million series c financing with backers aspex coatue hillhouse capital and sequoia capital china on july 20 this year. Guangzhou based xpeng was founded in 2014.

Nio s cumulative deliveries as of may 31 comprising es8 and es6 vehicles totaled 42 342 vehicles. And xpeng motors agreed to share charging stations as well as related services and data seeking to spur ev demand and curb costs. Xpeng still needs to consolidate their ipo run up. Nio and xpeng motors are two of the leading domestic ev makers in china.

The company delivered 11 348 vehicles in 2018 and 20 565 vehicles in 2019. Nio went public in september 2018 by offering 160 million adss at 6 26 each. Nio nio and xpeng motors xpev also topped entry points. Back on the last day of 2012 an article published on money morning laid out the five best and five worst performing stocks in the s p 500 index spx 0 66 of the year in an attempt to divine some insight into where to invest heading in to 2013.